Commercial EV Startup Turno Raises $3.1 Million Seed Funding
Turno, an electric vehicle startup helping operators of commercial vehicles to switch to EVs, has raised $3.1 million in a seed funding round led by Stellaris Venture Partners and Avaana Capital. The funding round also saw participation from several angel investors, including BigBasket’s Vipul Parekh, Urban Ladder’s Ashish Goel, and the Goenka […]
Battery Smart Raises $25 Million In Series A Funding
Battery Smart, a New Delhi-based battery-swapping network for electric vehicles, has closed a Series A round of $25 million led by Tiger Global. Blume Ventures and Orios Ventures also participated in the funding round. As per the startup, the raised funds will be used to expand to new territories, strengthen […]
EV Startup Matter Raises $10 Million In Fresh Funding
Matter, an Ahmedabad-based electric mobility and energy storage-focused startup, has raised $10 million (around Rs 77 crore) in its first round of funding from Info Edge’s Capital 2B Fund 1, Climate Angel Fund and other Indian and overseas high net-worth individuals (HNIs). As per the startup, the raised funds will […]
EV Charging Startup Statiq Raises $25.7M In Series A Funding
Statiq, an electric vehicle charging network startup, has raised $25.7 million (over Rs 200 crore) in its Series A funding round led by Shell Ventures. As per the startup, it will use the raised funds to accelerate its efforts to scale and realise value from the contract portfolio by investing in product […]
EV Startup Altigreen Raises $39.8 Million In Series A Funding
Altigreen, a Bangalore-based EV manufacturer, has raised $39.8 million in its Series A round to boost its EV manufacturing to launch new products, including LCVs and strengthen its countrywide presence. The funding round was led by Sixth Sense Ventures, along with Reliance New Energy, Xponentia Capital, Accurant International, US, and Momentum Venture […]
Starya Mobility Raises Rs 2 Cr In A Bridge Funding Round
Starya Mobility, a startup operating in the clean mobility & EV space, has raised Rs 2 Cr in its bridge round of funding from ah! Ventures Angel Platform. As per the startup, the raised capital will mainly be utilized towards servicing their very first orders received from customers after Starya […]
EV Startup EVage Raises $28 Million From RedBlue Capital
EVage, an electric commercial vehicle startup, has raised $28 million (over Rs 205 crore) from US-based venture capital firm RedBlue Capital. As per the startup, the raised funds will allow EVage to complete its factory outside of Delhi in FY 2022-23 and scale up production. Founded by Inderveer Singh, EVage […]
Exponent Energy Raises $5 Million In Pre-Series A Funding Round
Exponent Energy, a technology startup simplifying energy for EVs by building a Flexible Energy Stack, has raised $5 million in a pre-Series A round of funding led by existing investor YourNest VC. Other existing investors, AdvantEdge VC and 3one4 Capital, doubled down on their earlier investment as the funding round witnessed the participation of Motherson Group, a […]
EV Startup Simple Energy Raises $21 Million In Pre-series Funding Round
Simple Energy, a Bengaluru-based electric vehicle startup, has announced the completion of a $21 million (Rs 155 crore) pre-series investment round. Driven by the company’s current investors and board members, Manish Bharti of UiPath and Raghunath Subramanian (Non-Executive Chairman, UiPath India), respectively, this oversubscribed funding round also witnessed participation from new investors […]
Logistics Focussed EV Startup 3EV Industries Raises Seed Funding
3EV Industries, a Bengaluru-based transportation and logistics focussed EV startup, has raised $2 Mn in its seed funding round from several family offices. As per the EV startup, the freshly raised funds will be utilised for new vehicle build and R&D to indigenise and internalise part manufacturing. 3EV Industries | […]